Mining is a major contributor to New South Wales’ economic and social independence. The overall positive outlook for the NSW minerals industry is the product of prospective geology, well-developed infrastructure, low average operating costs, use of leading-edge exploration and mining technologies and the availability of a skilled workforce*.
Statistics from NSW Mining show that in 2011/12, the total NSW mining was worth $24.5 billion, including $1.4 billion in copper and $1.8 billion of gold. In 2012/13, a total of $12.8 billion was spent by NSW mining companies, and the NSW miners returned $1.3 billion in royalties to the state government**.
There is no doubt that mining has become a strategically important industry in NSW. Recent changes in the government’s policies to streamline the approvals processes and reduce red tape, hope to yield positive results for the industry and continue to encourage exploration in the region. With this in mind, we are pleased to share with you the recently finalised 8th annual Mining NSW Conference program, with a focus on base metals exploration, building regional skill, and promoting economic development.
The event serves as a premier networking event for representatives from the mines, exploration companies, suppliers, associations and local governments in NSW, as well as nationally. It will take place on the 26th and 27th August, at the Orange Ex-Services Club.
The two-day conference will feature special presentations from key local organisations such as – Orange City Council, Dubbo City Council, Blayney Shire Council, NSW Business Chamber, NSW Trade and Investment and the Association of Mining Related Councils.
Day One of the event will give an overview of the recent economic and regulatory updates, with sessions focusing on the plan for infrastructural expansion – socially and in transport, the discovery of Intrusion Related Gold (IRG) Field and economic assessment that underpins the identification of the priority mining-affected local government areas. The afternoon panel discussion will shed light on the role of local government in brokering and coordinating regional growth, partnerships towards social and critical services infrastructure and more.
The Conference Industry Dinner at the end of Day One has always been a highlight – Providing the perfect opportunity for delegates to chat and network in a relaxed environment.
Day Two of the conference entails further project updates from companies such as Rimfire Pacific Mining, Carpentaria Exploration, Argent Minerals, and Southern Cross Goldfields. In particular, there will be presentations discussing the outlook for the base metals industry as well as looking at private equity as an alternate source of funding for juniors in the current environment.
* Source: NSW Trade and Investment, Resources and Energy 2013